The past twenty years have seen global regulatory leadership shift from the United States to the European Union

Vogel, David
(2012)
The past twenty years have seen global regulatory leadership shift from the United States to the European Union.LSE European Politics and Policy (EUROPP) Blog
(04 Jun 2012)
Blog Entry.

Abstract

For most of the post-war period, the US was the leader in comprehensive and innovative risk
regulations. But the last two decades have seen the EU adopt far more stringent regulations
than the US, meaning that every global firm must now take European standards and
regulatory requirements into account in designing its products. David Vogel argues that this
regulatory shift is down to public demands for regulation in Europe, more partisan positions
towards regulation in the USA, and the EU’s adoption of the precautionary principle.